Skip to main content

Alm. Brand A/S: Payment of dividend following the sale of Alm. Brand Bank A/S

Written by Customer Service on . Posted in Public Companies.

4 January 2021
Announcement no. 1/2021Payment of dividend following the sale of Alm. Brand Bank A/SThe Board of Directors of Alm. Brand A/S has today decided to distribute the freed-up capital of DKK 1.2 billion following the sale of Alm. Brand Bank A/S equalling DKK 8.00 per share.The distribution of the freed-up capital from the sale of the banking activities is separate from the Group’s operations.The Group’s capital base and liquitidity position remain strong with a significant excess position relative to the regulatory requirements. At the end of the third quarter 2020, Alm. Brand Forsikring A/S (Non-life insurance) and Alm. Brand Liv og Pension A/S (Life insurance) had a solvency cover of 395% and 763% respectively.The payment of the extraordinary dividend will take place on 8 January 2021 with ex-dividend date on 6 January 2021.ContactPlease direct any questions regarding this announcement to:Investors and equity analysts:                                 First Vice President, Investor Relations                                               Senior Investor Relations Officer
Lars Holm                                                                                                  Mikael Bo Larsen
Mobile no. +45 2510 4717                                                                    Mobile no. +45 5143 8002
                            
Press:                                                                                                Head of Media Relations
Maria Lindeberg
Mobile no. +45 2499 8455AttachmentAS 1 2021 – Extraordinary dividend

Disclaimer & Cookie Notice

Welcome to GOLDEA services for Professionals

Before you continue, please confirm the following:

Professional advisers only

I am a professional adviser and would like to visit the GOLDEA CAPITAL for Professionals website.

Important Notice for Investors:

The services and products offered by Goldalea Capital Ltd. are intended exclusively for professional market participants as defined by applicable laws and regulations. This typically includes institutional investors, qualified investors, and high-net-worth individuals who have sufficient knowledge, experience, resources, and independence to assess the risks of trading on their own.

No Investment Advice:

The information, analyses, and market data provided are for general information purposes only and do not constitute individual investment advice. They should not be construed as a basis for investment decisions and do not take into account the specific investment objectives, financial situation, or individual needs of any recipient.

High Risks:

Trading in financial instruments is associated with significant risks and may result in the complete loss of the invested capital. Goldalea Capital Ltd. accepts no liability for losses incurred as a result of the use of the information provided or the execution of transactions.

Sole Responsibility:

The decision to invest or not to invest is solely the responsibility of the investor. Investors should obtain comprehensive information about the risks involved before making any investment decision and, if necessary, seek independent advice.

No Guarantees:

Goldalea Capital Ltd. makes no warranties or representations as to the accuracy, completeness, or timeliness of the information provided. Markets are subject to constant change, and past performance is not a reliable indicator of future results.

Regional Restrictions:

The services offered by Goldalea Capital Ltd. may not be available to all persons or in all countries. It is the responsibility of the investor to ensure that they are authorized to use the services offered.

Please note: This disclaimer is for general information purposes only and does not replace individual legal or tax advice.